Exxon Gas Station North St Petersburg!!

Asking Price$259,900

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,330,780

Inventory$50,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Exxon Gas Station North St Petersburg!!


Asking Price$259,900

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,330,780

Inventory$50,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This Exxon gas station is located on the main road on the north side of downtown St. Petersburg. There is a good amount of extra rental income at this location with a well established car detail center and an auto repair business. The convenience store averages $55,000 -$60,000 per month not counting the Lottery sales. The Lottery profit brings in an extra $1,500 per month. The gas volume averages 50,000 gallons per month on a commission basis. The gas company pays you commission of 5 cents per gallon on a cash gas sale and 15 cents per gallon on a credit card gas sale. The car detail center pays you $1,750 per month including 1/2 of your water bill. The auto repair shop pays you $800 per month. Extra income from the ATM, Bit Coin machine, Air/Vac, and rebates. To top it all off the base rent is EXTREMELY LOW of only $3,100! Just some of your extra income covers that. The gas company is responsible for the environmental, tanks, pumps, roof, price sign, and parking lot. Please call Mark Laurie with Property Business Brokers at 407-491-6065 for more information or to schedule a showing.
About the Business
Years in Operation
6
Employees
3 (2 Full-time, 1 Part-time)
Facilities & Assets
Buyer will receive a new 5 year Lease with two 5 year options to renew for a total of 15 years. The current base rent is only $3,100 plus taxes and insurance of $2,939. There are 4 double-sided pumps with 8 filling stations. All pumps are up to code.
Market Outlook / Competition
Current hours of operation are 5:00 am - 11:00 pm but the new buyer can open later or even 24 hours if you want. You also can earn an extra $1,000 per quarter if you do well on your monthly inspection. The gas company does require a separate $30,000 - $40,000 refundable gas security deposit.
About the Sale
Transition Support
The buyer will be required to attend an 8-day training class in Brandon (cost $950). The seller will train you as well.
Listing Info
ID
2515284
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Business Listed by: Mark Laurie Property Business Brokers

Listing ID: 2515284 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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